The Mexican peso returned to constructive territory after the inflation information from the US, making the value of the greenback right now Might 15, 2024 It begins at 16.77 models for every dollar; Discover out right here what the trade fee is in banks in Mexico.
The Mexican foreign money registers a 0.37% acquire in comparison with Tuesday’s reference value. Within the two earlier days the Mexican peso accrued a decline of 0.50%.
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The advance of the Mexican foreign money occurred after a world decline within the greenback after realizing inflation and retail gross sales figures in the US that boosted the expectation that the Federal Reserve (Fed) might lower rates of interest this yr.
“This mix of indicators, decrease inflationary pressures and decrease financial development, might assist consolidate the concept the Fed applies two rate of interest cuts within the the rest of 2024,” the CIBanco agency indicated in an evaluation word.
For the remainder of the session, the Mexican peso is predicted to oscillate in a variety of 16.72 and 16.92 per greenback, in keeping with analysts at Banco Base.
Value of the greenback in Mexican banks right now Might 15, 2024
The value of greenback right now Might 15, 2024 in Mexican banks* begins at:
- BBVA Mexico – 15.93 pesos for buy and 17.06 pesos on the market
- Citibanamex – 16.25 pesos for buy and 17.18 pesos on the market
- Azteca Financial institution – 15.95 pesos for buy and 17.54 pesos on the market
- Banorte – 15.70 pesos for buy and 17.10 pesos on the market
- Affirm Financial institution – 15.90 pesos for buy and 17.30 pesos on the market
- Scotiabank – 15.10 pesos for buy and 18.00 pesos on the market
- Inbursa – 16.30 pesos for buy and 18.00 pesos on the market
*Trade fee at 08:20 hours
With data from Reuters
vjcm
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2024-05-15 16:00:29